Mayr-Melnhof Packaging has closed the acquisition of TANN Group, as the company announced in a press release. TANN Group prints on and finishes externally sourced fine paper to produce tipping paper (cigarette filter paper) and is the global market leader in this area. Annual sales of approximately Euro 230 million…
In addition to the launch of the cross laminated timber plant in Schlitz in mid-2019, Michael Pfeifer spoke with Fordaq at this year’s BAU about a number of further investments by the Pfeifer Group over the coming months. On the one hand, a second pellet plant is being built at…
“The German economy barely escaped recession in 2018.” With this assessment, the German Institute for Economic Research (Ifo) CEO Timo Wollmershäuser has responded to the latest figures from the German Federal Statistical Office. “Crucial for the clear cooling of the economy is the German industry, which should have been in the…
If the US and China could reach a trade deal, President Donald Trump might consider postponing the March 1st deadline for tariffs, he said on the 12th of February. At the moment, the US has a team in China trying to reach a trade agreement, while Beijing also hopes for…
